Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Nat-Gas Prices Decline on Below-Forecast EIA Inventory Draw

May Nymex natural gas (NGK23) on Thursday closed down -0.080 (-3.66%).

May nat-gas Thursday closed sharply lower after weekly EIA nat-gas inventories fell less than expected.  The EIA reported that nat-gas inventories fell -47 bcf last week, less than expectations of -54 bcf.   Nat-gas prices also fell on warmer U.S. weather that would curb heating demand after forecaster Maxar Technologies said above-normal temperatures are expected for the eastern U.S. from April 4-8.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.